Quadrature Capital Ltd Makes New $22.63 Million Investment in ARK Next Generation Internet ETF $ARKW

Quadrature Capital Ltd purchased a new stake in ARK Next Generation Internet ETF (BATS:ARKW) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 129,639 shares of the company’s stock, valued at approximately $22,627,000. Quadrature Capital Ltd owned approximately 0.93% of ARK Next Generation Internet ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently made changes to their positions in the company. Rossby Financial LCC bought a new stake in shares of ARK Next Generation Internet ETF during the third quarter worth $25,000. Farther Finance Advisors LLC lifted its position in ARK Next Generation Internet ETF by 39.3% in the 3rd quarter. Farther Finance Advisors LLC now owns 209 shares of the company’s stock valued at $36,000 after acquiring an additional 59 shares in the last quarter. Golden State Wealth Management LLC lifted its position in ARK Next Generation Internet ETF by 66.7% in the 3rd quarter. Golden State Wealth Management LLC now owns 250 shares of the company’s stock valued at $44,000 after acquiring an additional 100 shares in the last quarter. Root Financial Partners LLC acquired a new position in ARK Next Generation Internet ETF in the 3rd quarter worth $52,000. Finally, MGB Wealth Management LLC acquired a new position in ARK Next Generation Internet ETF in the 3rd quarter worth $52,000.

ARK Next Generation Internet ETF Trading Down 2.7%

ARKW stock opened at $127.08 on Friday. The stock has a 50-day moving average price of $135.57 and a two-hundred day moving average price of $153.00. ARK Next Generation Internet ETF has a 1 year low of $78.62 and a 1 year high of $183.00. The stock has a market cap of $1.80 billion, a PE ratio of 45.71 and a beta of 1.89.

ARK Next Generation Internet ETF Dividend Announcement

The company also recently disclosed an annual dividend, which was paid on Monday, December 29th. Investors of record on Friday, December 26th were issued a dividend of $2.3516 per share. The ex-dividend date was Friday, December 26th. This represents a dividend yield of 155.0%.

About ARK Next Generation Internet ETF

The ARK Next Generation Internet ETF (ARKW) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is an actively managed fund with a broad mandate to invest in companies its managers have identified as benefiting from an infrastructure shift away from hardware and software toward cloud and mobile. ARKW was launched on Sep 30, 2014 and is issued by ARK.